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CONTRACT LIABILITY
12 Months Ended
Jun. 30, 2025
CONTRACT LIABILITY  
CONTRACT LIABILITY

NOTE 14. CONTRACT LIABLILTY

    

June 30,

    

June 30,

    

June 30,

2024

2025

2025

RMB

RMB

US Dollars

Total

 

¥

1,820,481

 

¥

4,719,255

$

658,783

The movement in Contract abilities is as follows at June 30:

    

June 30,

    

June 30,

    

June 30,

2024

2025

2025

Related Parties

RMB

RMB

US Dollars

Balance at beginning of the period

 

¥

2,748,365

 

¥

1,820,481

$

254,129

Decrease in contract liabilities as a result of recognizing revenue during the year was included in the contract liabilities at the beginning of the year

 

1,489,311

 

761,824

 

106,347

Increase in contract liabilities as a result of billings in advance of performance obligation under contracts

 

561,426

 

3,660,598

 

511,000

Total

 

¥

1,820,481

 

¥

4,719,255

$

658,783